Current Mortgage Rates are the Lowest this Year - 2011

By
Real Estate Services with Short Sale TC & Property Management

   The home loan interest rates on a traditional 30 YR fixed rate has been falling for the past month making it the lowest so far in 2011.  Freddie Mac has posted that the average rate was 4.61% this past week, which even happens to be the lowest rate in the past 6 months.  Even the 15 YR fixed rates loans were down this week.

Freddie Mac Rate Averages

30 year fixed: 4.61% w/ 0.7 of a points

15 year fixed: 3.80% w/ 0.7 of a points

5 year adjustable-rate mortgage: 3.48% w/ 0.6 of a points

1 year adjustable-rate mortgage: 3.15% w/ 0.6 of a points

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Rainmaker
306,751
Jon Quist
Tucson's BUYERS ONLY Realtor since 1996
LONG REALTY

Yes, current rates are very low. Now if we can just match up those rates with eager buyers?

May 21, 2011 11:26 PM
Rainmaker
655,751
Patrick White
Put our 28 years experience and technolgy to work
Home Driven Realty, Inc

Good Evening John

Thanks for the post. have a great day.

May 21, 2011 11:37 PM
Rainmaker
461,064
Harrison K. Long
business, REALTOR , GRI, Broker
Coldwell Banker Previews, Irvine, South OC

John ... It is amazing and good that mortgage loan rates are now at their low point and best for home buyers during 2011.

June 26, 2011 12:26 PM
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John Kim

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